Preflop, imo, flatting is most definitely best. You have a relatively tight opener, who is probably going to view your 3bets as straight value, and not get it in too worse on average. You have position, and a bad player left to act that is very likely to come along with dominated hands. Flatting not only keeps CO's range wide, but also allows you to play a likely pot IP against a bad player who will make many more errors than CO postflop (most likely).
Flop is once again 100% standard, for pretty much the same reasons as calling preflop is correct.
On the turn, blah. He's almost certainly valuebetting, and his range for doing this is pretty strong as well. His bluffing frequency being that tight is certainly low to begin with, add to that the fact he is against 2 villains, one of which is seemingly bad and likes to call, his bluffing range is going to drop even more. I think hands like KdQd, would probably slow down on the turn, c/calling if he gets the correct odds, since his equity has effectively been cut in half, and his fold equity is relatively low as well.
Not sure if he valuebets AQ that large on the turn, but with fish still in pot, maybe? So his range to me looks like {66/JJ/AA/AJ/AK/AdQd/AdTd}, which we have 22.7% equity against, and a fold seems correct. If you add a few more combos of AQ, our equity increases to where I think it's a call.
Tbh, I really don't know what's correct on the turn. I have a hard time believing that a tight player is going to love having AQ enough here to near pot it in a 3way pot (AdQd excluded). But given UTG is still in the hand, and you are certainly ahead of his range, it seems that there is a fair amount of dead money in the pot I wouldn't mind picking up on. meh, idk, I probably wouldn't fold while in play.
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