Zoom 50PLO loose 3bet IP

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Zoom 50PLO loose 3bet IP

Blinds: $0.25/$0.50 (6 Players) BN: $52.92 (Hero)
SB: $50.00
BB: $55.03
UTG: $55.26
MP: $59.21
CO: $136.23
CO seems laggy. Only had 40 hands on him and raised everything on btn and 50% in co. Decided to make a loose 3-bet but seems to way to weak looking back at it. The coldcaller has a vpip of 60 over ten hands. No further information. I thought to b/f here with my 'spade blockers' and figured villains can't continue often. Any thoughts?
Preflop ($0.75) Hero is BN with K 9 J 4
2 folds, CO raises to $1.75, Hero raises to $6.00, SB folds, BB calls $5.50, CO calls $4.25
Flop ($18.25) 7 7 Q
BB checks, CO checks, Hero bets $9.75, BB folds, CO raises to $46.68, Hero folds
Final Pot CO wins $36.05
Rake is $1.70

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