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The possibility that he was playing top pair with a flush draw aggressively on the flop is compelling enough to call a river bet. I see we're losing to something like K3:diamonds: a fair amount, but the pot has gotten too big at this point. We have to call, even though we may be beat.

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Good players rarely raise two limpers from the SB with K3s ... the general consensus is that my fold was awful — I can accept that, it probably was, but on the river when he bets into two players I came to the conclusion that I was probably not winning.

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I thought he completed. Well, the only reasonable hand he could have is AA or AK? I see your point.