Correct fold here? Defintely beat right?

PokerStars No-Limit Hold'em, $0.50 BB (7 handed) from (Format: Bet The Pot)

Button ($104.95)
Hero ($50.15)
BB ($28.60)
UTG ($35.25)
MP1 ($61.25)
MP2 ($41.65)
CO ($60.80)

Preflop: Hero is SB with , .
3 folds, CO raises to $2.5, 1 fold, Hero raises to $7.5, 1 fold, CO calls $5.

Flop: ($15.50) , , (2 players)
Hero bets $10, CO raises to $53.3, Hero folds.

Final Pot: $78.80

Results in white below:
No showdown. CO wins $78.80.

Good laydown imo.

MHFlush