QQ - do i have to call this down?

[rivered_again]

Villain sat down a few hands ago, so I had to assume that capping preflop meant a premium hand like AA-TT, AK-AQs, so as a default read that's what I went with. I had a few more hands on the BB, and he was quite fishy. His cold call screamed ace rag to me. Fish simply cannot get away from ace rag.

Party Poker 0.50/1 Hold'em (8 handed) FTR converter on zerodivide.cx

Preflop: Hero is MP2 with Q[img]/images/graemlins/diamond.gif[/img], Q[img]/images/graemlins/heart.gif[/img].
<font color="#CC3333">UTG raises</font>, <font color="#666666">2 folds</font>, <font color="#CC3333">Hero 3-bets</font>, <font color="#666666">3 folds</font>, BB calls, <font color="#CC3333">UTG caps</font>, Hero calls, BB calls.

Flop: (12.50 SB) A[img]/images/graemlins/heart.gif[/img], T[img]/images/graemlins/club.gif[/img], J[img]/images/graemlins/club.gif[/img] <font color="#0000FF">(3 players)</font>
BB checks, <font color="#CC3333">UTG bets</font>, Hero calls, BB folds.

Turn: (7.25 BB) 4[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">UTG bets</font>, Hero folds.

Final Pot: 8.25 BB

This flop said to me that I was WAY behind. Any of the aforementioned hands that I put the 2 opponents on had me severely beaten and I was drawing to at most 6 outs (4 kings for a straight, or 2 queens (if they don't have AA, and nobody has a king)) to as little as 3 outs (3 non-club kings). The turn was a blank and it looked hopeless, so I folded because the pot wasn't that big.

Is there any reason to call down?