Maximizing value/Minimizing loss - 200 NL - $400 stacks

[scdavis0]

Background on hand. Villain doubled me up on the hand just prior to this. He missed a turn check raise on a T422 board with QQ and let me hit a ten on the river. He got so mad that he check-raised me all in anyways.

Party Poker No-Limit Hold'em, $ BB (6 max, 6 handed) FTR converter on zerodivide.cx

Hero ($405)
MP ($454.55)
CO ($483.70)
Button ($161.25)
SB ($175)
BB ($200)

Preflop: Hero is UTG with 8[img]/images/graemlins/spade.gif[/img], 5[img]/images/graemlins/spade.gif[/img]. SB posts a blind of $1.
<font color="#CC3333">Hero raises to $7</font>, <font color="#666666">1 fold</font>, CO calls $7, Button calls $7, <font color="#666666">2 folds</font>.

Flop: ($24) 2[img]/images/graemlins/spade.gif[/img], 8[img]/images/graemlins/heart.gif[/img], 7[img]/images/graemlins/spade.gif[/img] <font color="#0000FF">(3 players)</font>
<font color="#CC3333">Hero bets $22</font>, CO calls $22, Button folds.

Turn: ($68) 8[img]/images/graemlins/diamond.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">Hero bets $65</font>, <font color="#CC3333">CO raises to $130</font>, Hero....

I'm interested in getting some feedback on the turn bet, and then how to proceed from this point forward.