AK 3 way reraise

[squidladder]

Villain is 18/14 over 400 hands
Would like to get others thougths on this one . My first thought is fold quick and move on.Probably up against AA,KK
50% and QQ JJ 1010 40% and AK 10%
Folding these type hands always makes me feel like I've been taken for a ride because a thinking player knows that all i can call with is AA KK so this is the perfect stealing situation for him. Am i on the right track or talking rubbish.
If i'm on the right track then is this the perfect stealing situation.?
Full Tilt Poker
No Limit Holdem Ring game
Blinds: $0.50/$1
4 players
Converter

Stack sizes:
UTG: $40.90
Button: $218.80
Hero: $95.70
BB: $115.85

Pre-flop: (4 players) Hero is SB with A[img]/images/graemlins/heart.gif[/img] K[img]/images/graemlins/club.gif[/img]
UTG folds, <font color="#cc0000">Button raises to $3.5</font>, <font color="#cc0000">Hero raises to $11</font>, <font color="#cc0000">BB raises to $31</font>,