NL100: Flopped 2 pair but sandwiched myself in awkward spot

[allrightfine]

I've been lurking for quite awhile but I finally have enough ambition to be an active forum participant.

Anyway, UTG is a very solid TAG and CO is 32/13/4 over 110 hands.

Full Tilt Poker - No Limit Hold'em Cash Game - $0.50/$1 Blinds - 6 Players - (LegoPoker HH Converter)

SB: $214.75
Hero (BB): $101.85
UTG: $117.00
MP: $155.75
CO: $110.30
BTN: $283.80

Preflop: Hero is dealt T[img]/images/graemlins/club.gif[/img] 8[img]/images/graemlins/club.gif[/img] (6 Players)
<font color="red">UTG raises to $3.50</font>, MP folds, CO calls $3.50, 2 folds, Hero calls $2.50

Flop: ($11) T[img]/images/graemlins/diamond.gif[/img] 8[img]/images/graemlins/diamond.gif[/img] Q[img]/images/graemlins/heart.gif[/img] (3 Players)
Hero checks, <font color="red">UTG bets $7.00</font>, <font color="red">CO raises to $44.00</font>, <font color="red">Hero ???