KQs facing a PFR step 2

I thought I should take a flop with this hand. But after the flop I felt that had I of bet and was faced with a CR that I would be commited to the pot in relation to the amount of chips he had left. I would like some feedback for PF, flop as well as the turn. Thanks

Party Poker No-Limit Hold'em Tourney, Big Blind is t150 (7 handed) FTR converter on zerodivide.cx

SB (t1835)
BB (t635)
UTG (t1465)
MP1 (t1010)
MP2 (t1880)
Hero (t2360)
Button (t815)

Preflop: Hero is CO with Q[img]/images/graemlins/spade.gif[/img], K[img]/images/graemlins/spade.gif[/img].
<font color="#CC3333">UTG raises to t375</font>, <font color="#666666">2 folds</font>, Hero calls t375, <font color="#666666">3 folds</font>.

Flop: (t975) A[img]/images/graemlins/heart.gif[/img], 5[img]/images/graemlins/diamond.gif[/img], 3[img]/images/graemlins/club.gif[/img] <font color="#0000FF">(2 players)</font>
UTG checks, Hero checks.

Turn: (t975) Q[img]/images/graemlins/club.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">UTG bets t500</font>, Hero folds.

Final Pot: t1475