Over-raise PF steal...rationale?

[diebitter]

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I am in the BB, everyone folds (50NL) until BTN raises to $3 ie 6xBB...I had KQo and I folded.

Is it more likely he had nada?

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fold the first time, and watch him. If he keeps doing it, run over the top of him once every 4th or 5th time he does it, and profit greatly.