Folding QQ preflop!

[Isura]

This happened a few days ago. I didn't have any stats or reads on the villain. Fold, or beat him into the pot?

Party Poker No-Limit Hold'em, $ BB (8 handed) FTR converter on zerodivide.cx

CO ($20.40)
Button ($16.95)
SB ($2.30)
BB ($27.05)
UTG ($49.90)
UTG+1 ($64.95)
MP1 ($20.75)
Hero ($23.80)

Preflop: Hero is MP2 with Q[img]/images/graemlins/spade.gif[/img], Q[img]/images/graemlins/club.gif[/img]. SB posts a blind of $0.10.
<font color="#666666">1 fold</font>, UTG+1 calls $0.25, MP1 calls $0.25, <font color="#CC3333">Hero raises to $1.5</font>, <font color="#CC3333">CO raises to $10</font>, <font color="#666666">3 folds</font>, UTG+1 folds, MP1 folds, Hero folds.

Final Pot: $12.35