The UTG 5bb (nit?) raise should mean a very strong hand, but since it's cash game, somehting that won't play very well post-flop if the board is not comfortable: I would say a mid-pair 55-JJ or KQ-AJ-AQ. Either way, you're playing OOP and the bottom of his range would have you beaten or splitting. The flop could even get him a set but I don't think so since I can probably see him checking to represent he missed the flop and would wait for you to hit something to try to gain value. Your call pre-flop is understandable but if you hit it could mean problem anyway, so the fold after flop is correct too. IMO.
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