Blown away with air

[HoldingFolding]

This hand had me steaming, but in retrospect was big stack's play reasonable? I din't hesitate to fold - given the situation I put him on a good made hand: flush, straight or JJ - too weak?

Seat 2: Player 2 (4300)
Seat 3: Player 3 (2035)
Seat 4: HERO (3285)
Seat 5: Player 5 (380)
Player 3 posts small blind (100)
HERO posts big blind (200)
** Dealing down cards **
Dealt to HERO [ K [img]/images/graemlins/diamond.gif[/img], 9 [img]/images/graemlins/diamond.gif[/img] ]
Player 5 raises (380) to 380
Player 5 is all-In.
Player 2 calls (380)
Player 3 folds.
HERO calls (180)
Creating Main Pot with $1240 with Player 5
** Dealing Flop ** : [ 9h, 8h, Jd ]
HERO checks.
Player 2 checks.
** Dealing Turn ** : [ 3h ]
HERO checks.
Player 2 bets (200)
HERO folds.
** Dealing River ** : [ Ks ]
** Summary **
Main Pot: 1240 | Side Pot 1: 200
Board: [ 9h 8h Jd 3h Ks ]
Player 2 balance 3920, bet 580, collected 200, lost -380 [ Ad 6d ] [ high card ace -- Ad,Ks,Jd,9h,8h ]
Player 3 balance 1935, lost 100 (folded)
HERO balance 2905, lost 380 (folded)
Player 5 balance 1240, bet 380, collected 1240, net +860 [ Ac Ah ] [ a pair of aces -- Ac,Ah,Ks,Jd,9h ]