6 max BB Special Hand - Value or Protection Route?

[Roadstar]

Reads, table used to be pretty passive until UTG really lagged things up.

Almost UTG will auto bet and auto raise on the flop, he only slows down after a turn raise (he doesn't raise as much preflop though, strange).

MP is fish like 55/8/1 knows to raise once in a while (hes been calling all bets from UTG lagster down.

Button is pretty much unknown, seem him play almost everyhand (no PFR tho).

I guess key question is the flop play I had two lines in mind:

1) check, let UTG bet, trap the whole field for 2, lead turn (Value Route)

2) bet, let UTG raise, hopefully knock out 2 behind. check/raise turn. (Protection Route)

Which one do you vote for? how much do you worry about being counterfeited?

comments on turn and river?

Party Poker 1/2 Hold'em (6 max, 6 handed) FTR converter on zerodivide.cx

Preflop: Hero is BB with T[img]/images/graemlins/club.gif[/img], 3[img]/images/graemlins/heart.gif[/img].
UTG calls, MP calls, <font color="red">1 fold</font>, Button calls, [color=#666666]1 fold</font>, Hero checks.

Flop: (4.50 SB) 3[img]/images/graemlins/spade.gif[/img], 9[img]/images/graemlins/spade.gif[/img], T[img]/images/graemlins/diamond.gif[/img] [color=#0000FF](4 players)</font>
Hero checks, <font color="red">UTG bets</font>, MP calls, Button calls, <font color="red">Hero raises</font>, UTG calls, MP calls, Button calls.

Turn: (6.25 BB) K[img]/images/graemlins/diamond.gif[/img] [color=#0000FF](4 players)</font>
<font color="red">Hero bets</font>, UTG calls, MP calls, Button calls.

River: (10.25 BB) 2[img]/images/graemlins/diamond.gif[/img] [color=#0000FF](4 players)</font>
<font color="Red">Hero bets</font>, UTG calls, MP folds, Button folds.

Final Pot: 12.25 BB

Thanks a lot as usual!