Could this disaster been aviodable??

[balt999]

Played in a $50 NL Event on PokerStars Last night...we're down to 18 players (We're all in the money)...I'm in the BB with T35,000 which is good enough to be the chip leader. Blinds are $600-$1200 Ante $75. All folded to the guy in second chip position (around T33,000)who open limps. SB with 14K also limps..I'm holding two black deuces and check...Flop comes 2 8 7 rainbow. BB bets T7,200...I raise to T14,400.....Then behind me the guy in second chip position moves in for 29K more...SB calls the rest of his stack.....Is this an easy call or should I have mucked here...leaving myself with T12,000 to play with or is folding a set at this point in the tourney just hard to do given the preflop action and the ensuing flop? So I ask, Could this disaster been avoidable? Results and commentary to come.