AK dangerous board and a bet on the river.

[Uruk17]

villian is 53/0/.45 and usually only sticked around in a hand if he had some sort of hand.

Poker Stars - No Limit Hold'em Cash Game - $0.05/$0.10 Blinds - 6 Players - (LegoPoker Hand History Converter)

SB: $3.70
BB: $6.20
UTG: $23.05
Hero (MP): $10.80
CO: $4.30
BTN: $17.95

Preflop: Hero is dealt K[img]/images/graemlins/spade.gif[/img] A[img]/images/graemlins/diamond.gif[/img] (6 Players)
UTG folds, <font color="red">Hero raises to $0.40</font>, CO folds, BTN calls $0.40, SB calls $0.35, BB folds

Flop: ($1.30) Q[img]/images/graemlins/club.gif[/img] A[img]/images/graemlins/heart.gif[/img] J[img]/images/graemlins/spade.gif[/img] (3 Players)
SB checks, <font color="red">Hero bets $0.80</font>, BTN calls $0.80, SB folds

Turn: ($2.90) 7[img]/images/graemlins/heart.gif[/img] (2 Players)
Hero checks, <font color="red">BTN bets $0.50</font>, Hero calls $0.50

River: ($3.90) 8[img]/images/graemlins/club.gif[/img] (2 Players)
Hero checks, <font color="red">BTN bets $2.00</font>, Hero folds

Pot Size: $5.90 ($0.15 Rake)

Was the this the correct fold or do i pay him off? I realized i made a mistake on the turn I should of raised, but regardless should i still be folding this?

[sightless]

well
Bet around a dollar on the flop for value you have a good hand and the villain seems liek a bad player who will call you with a lot of hands which you beat
bet turn again. around 66%of the pot