How to play this draw

[Olback]

$30 sng Euro

This hand came up in one of my sngs earlier and it got me thinking how should this kind of draw be played. If it was late on i bet or check/raise all in with it. But this seems like a crazy move this early on.

Should i have been more aggresive or did i play this about right? How would other people have played it.

Assume no reads

Party Poker No-Limit Hold'em Tourney, Big Blind is t30 (10 handed) converter

MP2 (t360)
MP3 (t695)
CO (t760)
Button (t670)
SB (t935)
Hero (t775)
UTG (t615)
UTG+1 (t1125)
UTG+2 (t1245)
MP1 (t820)

Preflop: Hero is BB with K[img]/images/graemlins/diamond.gif[/img], T[img]/images/graemlins/diamond.gif[/img].
<font color="#CC3333">UTG raises to t60</font>, <font color="#666666">1 fold</font>, UTG+2 calls t60, <font color="#666666">3 folds</font>, CO calls t60, <font color="#666666">1 fold</font>, SB calls t45, Hero calls t30.

Flop: (t300) J[img]/images/graemlins/diamond.gif[/img], 8[img]/images/graemlins/spade.gif[/img], 3[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(5 players)</font>
SB checks, Hero checks, <font color="#CC3333">UTG bets t150</font>, UTG+2 folds, CO calls t150, SB folds, Hero calls t150.

Turn: (t750) 4[img]/images/graemlins/spade.gif[/img] <font color="#0000FF">(3 players)</font>
Hero checks, CO folds, Hero folds.

Final Pot: t750