10+1 2 Table bubble hand

[EnderIII]

Previous round in the short stack battle for the blinds I put the villian all-in with K4 and he called with 86 and hit the 8 to double up (promplty losing some of those chips with calling preflop raises and folding the flop ??) , so he seems capable of correctly calling with any two. Whats the best way to play this?

#Game No : 2148736321
***** Hand History for Game 2148736321 *****
NL Hold'em Trny:12774855 Level:8 Blinds (150/300) - Friday, June 03, 15:22:10 EDT 2005
Table 2 - Table(355262) Table #1 (Real Money)
Seat 5 is the button
Total number of players : 5
Seat 1: chippe924 ( $4020 )
Seat 4: reddolphin ( $8150 )
Seat 5: CanucksRule ( $5108 )
Seat 6: Villian ( $560 )
Seat 7: Hero( $2162 )
Trny:12774855 Level:8
Blinds (150/300)
** Dealing down cards **
Dealt to EnderIII [ 2h 3h ]
chippe924 folds.
reddolphin folds.
CanucksRule folds.
Jaybrid35 calls [150].
EnderIII checks.
** Dealing Flop ** [ Kd, 4c, 9c ]
Jaybrid35 is all-In [260]
EnderIII folds.
EnderIII: 23
Jaybrid35 does not show cards.
Jaybrid35 wins 860 chips
Game #2148739450 starts.

23 suited is ~36% against a random hand, so is this a preflop push due to the pot odds and not wanting to be moved off the hand? Payout structure for these is flatter than 1 tables with 1st-80, 2nd-60, 3rd-40 and 4th 20. Thanks for any input, it felt weak, but i just wasn't sure.