[Fantam]

You are in good shape if CO is betting a draw and everyone else folds.

However, I think that I would have preferred a stronger hand to make this play. Perhaps top pair with a weak kicker or middle pair with a good kicker.

Edit: Also (as Kerowo mentioned) you will be OOP to the CO for the rest of the hand. It would have been a lot easier to play the rest of the hand if you had been on the button.