Bottom set in trouble??? $11s

[tafokints]

Full Tilt Poker Game #3195290522: $10 + $1 Sit & Go (24426828), Table 1 - 20/40 - No Limit Hold'em - 21:56:01 ET - 2007/08/08
Seat 1: STR8FLOPPIN (1,512)
Seat 2: tylerdurdend (2,295)
Seat 3: tafokints (2,920)
Seat 4: ThunderFDC (1,615)
Seat 5: Alex_Striker (1,515)
Seat 8: Triplej2688 (1,593)
Seat 9: grizzly8 (2,050)
tylerdurdend posts the small blind of 20
tafokints posts the big blind of 40
The button is in seat #1
*** HOLE CARDS ***
Dealt to tafokints [2s 2c]
ThunderFDC raises to 80
Alex_Striker folds
Triplej2688 folds
grizzly8 calls 80
STR8FLOPPIN calls 80
tylerdurdend calls 60
tafokints calls 40
*** FLOP *** [Kh 2d 4h]
tylerdurdend checks
tafokints bets 240
ThunderFDC calls 240
grizzly8 raises to 1,360
STR8FLOPPIN raises to 1,432, and is all in
tylerdurdend folds
grizzly8: oops
grizzly8: lol
tafokints has 15 seconds left to act

It seems like someone has kings or 4s here, am i really laying down a set in the $11s???