What to do with TPTK?

This is from a $10 Multi-Table Tournament (but the MTT forum is pretty weak on Omaha).

PokerStars (9 handed) converter

Preflop: Hero (2090) is BB with T[img]/images/graemlins/club.gif[/img], A[img]/images/graemlins/club.gif[/img], K[img]/images/graemlins/spade.gif[/img], T[img]/images/graemlins/diamond.gif[/img]. SB (2340) posts a blind of 15.
<font color="#666666">2 folds</font>, MP1 calls, <font color="#666666">4 folds</font>, <font color="#CC3333">SB (poster) raises 90 to 120</font>, Hero calls, MP1 calls.

Flop: (360 in pot) A[img]/images/graemlins/diamond.gif[/img], 8[img]/images/graemlins/heart.gif[/img], 6[img]/images/graemlins/spade.gif[/img] <font color="#0000FF">(3 players)</font>
<font color="#CC3333">SB bets 360</font>, Hero calls, MP1 folds.

Turn: (1080 in pot) 5[img]/images/graemlins/heart.gif[/img] <font color="#0000FF">(2 players)</font>
<font color="#CC3333">SB bets 1080</font>, Hero folds.

I'm pretty clearly beaten on the turn, right? Should I have even called the flop?