FT, bottom pair, turning FD but not worth it?

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FT, bottom pair, turning FD but not worth it?

Blinds: t4,000/t8,000 (3 Players) SB: 217,360
BB: 798,370 (Hero)
BN: 298,270
Preflop (12,000) Hero is BB with 7 T
BN folds, SB raises to 24,000, Hero calls 16,000
Flop (51,000) 7 K 4
SB bets 27,540, Hero calls 27,540
Turn (106,080) 7 K 4 Q
SB bets 49,858, Hero calls 49,858
River (205,796) 7 K 4 Q Q
SB bets 114,962 and is all in, Hero folds
Final Pot SB wins 205,796

This guy was really tight, was just folding away so there is a chance I was dead on the turn. I wanted to fold but I thought it was a waste of equity. Should I be folding anyway? A raise on the flop would be have worked nice here but he is the kind of player who would just 3bet shove with AK.

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