OngBonga -- not to be a jerk here, but in one thread you're asking if it's OK for you to call a minraise from the BB with 92o, then here you're advocating folding AQ from the BB in a 3way pot when you only have to call .25 into a 1.20 pot vs. two full-stacked opponents. You need to find a middle ground.

AQ is a great hand, especially in a 5-handed game. Ok, so the UTG raised and the MP called -- use that information to figure out their ranges before the flop hits. If you hit top pair by spiking an ace on the flop, you're only behind AA and AK. If you hit a Q on the flop, you're only behind QQ+. So basically, you're afraid of about 19 combos out of possibly 70 or more that the UTG could have. And the MP range is even wider with less chance of him having QQ+,AK because he would probably 3bet part of that range.

Don't misunderstand me -- there are spots to fold AQ preflop. But this isn't one of them.