NL 200: possible to fold a set in this spot

[KingBrian]

PartyPoker Hold'em <font color="#0000FF">(6 handed)</font> HandRecorder

Stacks &amp; Stats
UTG ($381.28)
BU ($128.05)
SB ($435)
MP ($197)
CO ($344.05)
Hero ($234.70)

Preflop: Hero is BB with 2[img]/images/graemlins/diamond.gif[/img], 2[img]/images/graemlins/spade.gif[/img]
<font color="#666666">2 folds</font>, <font color="#FF0000">CO raises to $7</font>, BU calls $7, <font color="#666666">1 folds</font>, Hero calls $5.

Flop: ($22) K[img]/images/graemlins/heart.gif[/img], 2[img]/images/graemlins/club.gif[/img], 8[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(3 players)</font>
Hero checks, CO checks, <font color="#FF0000">BU bets $12</font>, <font color="#FF0000">Hero raises to $38</font>, <font color="#FF0000">CO raises to $98</font>, BU folds, <font color="#FF0000">Hero raises to $227.7 (all-in)</font>, CO calls $129.70.



villain is a good Tag, imo
Is it possible to fold my set?