There is a socket related function call in my code, that function is from another module thus out of my control, the problem is that it blocks for hours occasionally, which
The only "safe" way to do this, in any language, is to use a secondary process to do that timeout-thing, otherwise you need to build your code in such a way that it will time out safely by itself, for instance by checking the time elapsed in a loop or similar. If changing the method isn't an option, a thread will not suffice.
Why? Because you're risking leaving things in a bad state when you do. If the thread is simply killed mid-method, locks being held, etc. will just be held, and cannot be released.
So look at the process way, do not look at the thread way.