Reraise the turn?

[NAU_Player]

BB is Loose-passive, MP1 just sat down last orbit.

Party Poker 0.5/1 Hold'em (9 handed) converter

Preflop: Hero is CO with T[img]/images/graemlins/club.gif[/img], T[img]/images/graemlins/heart.gif[/img].
<font color="#666666">2 folds</font>, MP1 calls, <font color="#666666">2 folds</font>, <font color="#CC3333">Hero raises</font>, <font color="#666666">2 folds</font>, BB calls, MP1 calls.

Flop: (6.50 SB) 5[img]/images/graemlins/heart.gif[/img], 2[img]/images/graemlins/club.gif[/img], 9[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(3 players)</font>
BB checks, <font color="#CC3333">MP1 bets</font>, <font color="#CC3333">Hero raises</font>, BB calls, MP1 calls.

Turn: (6.25 BB) 8[img]/images/graemlins/spade.gif[/img] <font color="#0000FF">(3 players)</font>
BB checks, MP1 checks, <font color="#CC3333">Hero bets</font>, BB calls, <font color="#CC3333">MP1 raises</font>...

looks to me like BB is on a flush draw. Do you reraise the turn to punish him?
What do we think MP1 has?
If we think MP1 can beat TT, do we just call, hoping to spike a T but possibly giving a profitable call to the BB?
If you reraise, bb folds and mp1 caps then what?

Overthinking this?