Easy fold - correct play? 200$ FR PL

[Electrolux]

Pot Limit Holdem Ring game
Blinds: $2/$2
9 players


Stack sizes:
UTG: $68
UTG+1: $373
MP1: $579
MP2: $161
Hero: $173
CO: $265
Button: $71
SB: $82
BB: $26

MP2 is rather loose and plays 30/3. Haven't seen him doing anything really stupid. He is a winning player. UTG 1 is very aggressive and often bets out, but fold to a raise. So he is betting with anything.

Preflop I cannot raise more than to 12, since it is potlimit.
On the flop, the bet from UTG+1 doesn't mean anything.
But what should I do? Fold directly, Reraise as I did? Call the push?

Pre-flop: (9 players) Hero is MP3 with
UTG calls, 2 folds, MP2 calls, Hero raises to $11, 2 folds, SB calls, BB folds, UTG calls, MP2 calls.

Flop: ($46, 4 players)
SB checks, UTG bets $11, MP2 raises to $22, Hero raises to $50, 2 folds, MP2 raises to $128, Hero folds.

[iceman5]

Id say you played it well. Looks like 22 or 44 to me.

[Stelvask]

frustrating spot. but you got the information you were looking for. his min raise of the UTG bet , followed by his big reraise on your raise looks like he can beat 1 pair. i muck here without much thought. the only way your ahead is if he's overplaying a spdae draw.

[T-Rod]