Lost in a 3-bet pot IP AKs

[yellowbluebus]

Villain is tag, 24/20. No prior history that I can think of. I am looking for feedback on how to play this hand on every street. The way I played it feels meh.

Full Tilt Poker, $0.10/$0.25 NL Hold'em Cash Game, 6 Players
LeggoPoker Hand History Converter

MP: $26.35
Hero (CO): $22.40
BTN: $30.15
SB: $34.25
BB: $7.40
UTG: $23.45

Pre-Flop: K[img]/images/graemlins/heart.gif[/img] A[img]/images/graemlins/heart.gif[/img] dealt to Hero (CO)
UTG folds, <font color="red">MP raises to $1</font>, <font color="red">Hero raises to $3.40</font>, 3 folds, MP calls $2.40

Flop: ($7.15) T[img]/images/graemlins/club.gif[/img] J[img]/images/graemlins/diamond.gif[/img] T[img]/images/graemlins/heart.gif[/img] (2 Players)
MP checks, Hero checks

Turn: ($7.15) 8[img]/images/graemlins/heart.gif[/img] (2 Players)
<font color="red">MP bets $5</font>, Hero calls $5

River: ($17.15) 5[img]/images/graemlins/diamond.gif[/img] (2 Players)
<font color="red">MP bets $17.95 and is All-In</font>, Hero folds

Results: $17.15 Pot ($0.85 Rake)
MP mucked and WON $16.30 (+$7.90 NET)