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Unless you have some notes saying villian does some goofy things I can't see this as a good play. Villian stats tend to say that he is a reasonable and at least somewhat thinking player that is conscious of position. Villian sees you, a player he probably thinks similar thoughts about, raise from the most vunerable position preflop. He decides to 3-bet. This means he has quite a hand himself. From his whole range that he could have I think you are still doing well at this point. You cap and that is fine. He sees this cap and then narrows the range in his head that you could have. He is thinking you have a premium holding. You bet and he raises on a board that has some bogus draws and the only card that could have hit him is a J. I don't see how he could have any hand that you are ahead of at that point. At 12:1 you can obviously call the flop. I believe you can fold the turn getting 7.5:1. Your outs aren't all that clean against his likely hand range.

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A raise UTG means Hero got a hand, still the selection is broad. Button re-raises but he could still have as low as KQo.

A cap from UTG means a good hand but still if hes a decent player he wont just be capping with his premium hands that would make it way to easy to put him on a hand.

On the flop Hero is going to bet no mather what he has. Now if villian is a thinking player he may raise to get Hero to fold his overs to a turn bet. Of course if Hero CR the turn then its a no brainer for villian to release any missed overs and perhaps even PP:s lower then jack.

Now all of this depends heavily on the level its played on and on the reads on villian. But overall its seems like a decent way to go against the right player.