Folding full house on river..correct fold?

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Folding full house on river..correct fold?

Blinds: $0.10/$0.25 (9 Players) BB: $25.00
UTG: $12.63
UTG+1: $26.55
MP: $27.22
MP+1: $22.11
MP+2: $25.00
CO: $54.81 (Hero)
BN: $46.58
SB: $25.00
Preflop ($0.35) Hero is CO with T 8
3 folds, MP+1 raises to $0.50, MP+2 folds, Hero calls $0.50, 3 folds
Flop ($1.35) 8 A 8
MP+1 checks, Hero checks
Turn ($1.35) 8 A 8 T
MP+1 bets $1.25, Hero calls $1.25
River ($3.85) 8 A 8 T K
MP+1 bets $1.75, Hero raises to $4.75, MP+1 raises to $20.36 and is all in, Hero folds
Final Pot MP+1 wins $12.75
Rake is $0.60

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