TT getting limpraised

[TheCutter]

No reads, his first hand at the table.

PokerStars No-Limit Hold'em, $0.02 BB (5 handed) Hand History Converter Tool from FlopTurnRiver.com (Format: 2+2 Forums)

UTG ($3.01)
MP ($3)
Hero ($5.75)
SB ($3.75)
BB ($1.60)

Preflop: Hero is Button with T[img]/images/graemlins/heart.gif[/img], T[img]/images/graemlins/club.gif[/img]. MP posts a blind of $0.02.
<font color="#666666">1 fold</font>, MP (poster) checks, <font color="#CC3333">Hero raises to $0.1</font>, <font color="#666666">1 fold</font>, BB calls $0.08, <font color="#CC3333">MP raises to $0.3</font>, Hero calls $0.20, BB calls $0.20.

Flop: ($0.91) 6[img]/images/graemlins/heart.gif[/img], 8[img]/images/graemlins/diamond.gif[/img], 5[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(3 players)</font>
<font color="#CC3333">BB bets $0.2</font>, <font color="#CC3333">MP raises to $0.6</font>, Hero folds

His preflop limp-raise smelled like aces, so I got out on the flop. Any comments? Fold 'em preflop?