Please Comment

[PhillyEdB]

Midway through first break, 100-200, 25 ante. Slightly above average.

What is the correct play and why?

PokerStars No-Limit Hold'em Tourney, Big Blind is t200 (9 handed) converter

CO (t7645)
Button (t3363)
SB (t5668)
BB (t12895)
UTG (t6693)
UTG+1 (t6617)
MP1 (t12530)
MP2 (t6479)
Hero (t8721)

Preflop: Hero is MP3 with 8c, 7c.
1 fold, UTG+1 calls t200, 1 fold, MP2 calls t200, Hero calls t200, CO calls t200,
Button calls t200, SB completes, BB checks.

Flop: (t1400) 8h, 7h, 5s (7 players)
SB checks, BB checks, UTG+1 checks, MP2 checks, Hero bets t1600, CO folds,
Button folds, SB raises to t5468, BB raises to t12695, UTG+1 folds, MP2 folds, Hero?

call, fold?

All responses welcome.