I would prefer to just call KQo rather than going for the squeeze play in this particular spot. You are facing an UTG open, which should be a strong range, and to make matters worse UTG only started the hand with 25BB, and someone else is short as well. This mean, that if they are going to continue, they are more likely to jam and just call, and this is something, you need to consider before 3-betting.
As played its a simple math decision, since UTG does jam, everyone else folds, and now you are closing the action. If you call, pot is going to be 1,13$, and you need to put in 33c more. This mean, you need 29,2%
equity, and because of the rake you want to have a little more than this. Lets say 32% equity.
Now you simply pull out a program like Equilab, which is completely free to download, plug in your hand and try to assign him some different ranges, which you think, he might open UTG and then go with facing this action. We start with worst case, which is obviously "AK or a big pair" lets say TT+. Against that you have 28,3% so not enough, but its pretty close.
I do think, this is to conservative though. You are playing 2NL, and people starting with 25BB tend to not be the best players in the game. So I dont think, we can narrow his range down that much. Against 77+ and AQ+ you have 32,5% equity, which is already enough. Against 55+, AJ+, KQ you have 36,8%. So I do think, this fold is to tight. But more importantly I would not put myself in this spot by 3-betting in the first place.