200NL - NF-combo draw facing flop donk overbet

[Mossberg]

Villain is unknown but seems he's a donk preflop (limping and coldcalling). Just fold it? I was kinda pissed to see him lead for so much.

Party Poker
No Limit Holdem Ring game
Blinds: $1/$2
6 players
Converter

Stack sizes:
UTG: $59
Hero: $197
CO: $621.03
Button: $252.25
SB: $151.85
BB: $304.41

Pre-flop: (6 players) Hero is UTG+1 with T[img]/images/graemlins/club.gif[/img] A[img]/images/graemlins/club.gif[/img]
UTG folds, <font color="#cc0000">Hero raises to $8</font>, 2 folds, SB calls, BB calls.

Flop: J[img]/images/graemlins/club.gif[/img] 8[img]/images/graemlins/diamond.gif[/img] 7[img]/images/graemlins/club.gif[/img] ($24, 3 players)
SB checks, <font color="#cc0000">BB bets $38</font>, Hero ???