I'm not so sure I would fold this hand, personally. Considering he C-bets 37% of the time and he has an ag factor of 2, I don't see his C-bet as anything too out of the ordinary. Scary board? Hell yes! He could easily be holding 2 pair here, with a hand like AJ or KQ suited although a middle ace like ace/9 ace/8 is not out of the question. He could also have such holdings as KQ or Ace/10, putting you ahead but still scared. Although I certainly cannot say your fold was a bad play, a call or reraise would be my 2 options on that 3.50 bet. You're getting a little less than 3:1 pot odds
, with 3.50 into 10.25 on the call, so if you think you've got better than 25-30% chance here, i'd say at least a call is in order. Who knows, villain could have 1010 here? Again, just speculation but thats my 2 cents.