Can it be folded?

[verybadmofo]

This took place at the 75/150 levels of a $330 MTT with 4000 starting stack. We both had about 5000.

I called a raise of 600 with QQ in position to make it heads-up. The flop came QKK. Long story short, i went broke to KK. I like to pride myself on great reads and the ability to fold where others go broke. I dismissed the chance of him having KK instantly....is it possible to fold this hand considering it is the early stages of the MTT?