How to play multiway flops when you catch a piece, but not all of it.

[Woolygimp]

PokerStars Pot-Limit Omaha High, $0.50 BB (6 handed) Poker Stars Converter Tool from FlopTurnRiver.com (Format: 2+2 Forums)

CO ($50)
Button ($68.65)
SB ($31.20)
BB ($23.70)
Hero ($29.50)
MP ($17.90)

Preflop: Hero is UTG with A[img]/images/graemlins/diamond.gif[/img], 7[img]/images/graemlins/club.gif[/img], 2[img]/images/graemlins/club.gif[/img], K[img]/images/graemlins/diamond.gif[/img].
<font color="#CC3333">Hero raises to $1.75</font>, MP calls $1.75, <font color="#666666">1 fold</font>, Button calls $1.75, <font color="#666666">1 fold</font>, BB calls $1.25.

Flop: ($7.25) J[img]/images/graemlins/diamond.gif[/img], 8[img]/images/graemlins/club.gif[/img], T[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(4 players)</font>

Hero ???

Do we bet/call? Check/call?