Hero(1200) opens AQo UTG to 30. Utg+1 folds. UTG+2(1200) 3bets to 80. All fold to hero. Hero folds.
UTG+2 is very wealthy and very experienced recreational player. He plays laggy and not afraid to put money in the pot. Can run big 3 barrel bluffs with little to no equity. He views hero as professional math oriented winning player. His 3betting range is reasonably wide and includes TT+, ATs+, AJ+, KQ.
Is this fold very bad, bad or meh? What other options would you consider with your plan for postflop play?