TPTK on fairly dry board

Turn is definitely overplay. When villain raises you OTF you can't check raise shove against him OTT with TPTK, you get calls only from better hands.
Both villains limp call pre so they are probably passive fish and their range is huge. Raising is not something passive fish do very often and since their range is wide they will have sets and 2 pair OTF.

When you face almost 6x raise from a passive villain you could consider folding already OTF.

Even flop is an over play.
Board is dry and villain raises. He represents 2p+, size is big and we can fold right there.
The turn xr is awful. If we are to be aggressive, The flop is the place. But as I already said we should be folding right there.

How many 22 or 77 he has limping pre-flop, on the other hand there are not draws he could have hooked on, by going all in on the turn you are making every bluff run for its life.

Thanks for the feedback guys. After reading the comments it seems very apparent that it was a quite bad punt!

Your small bet maybe induced bluff, call flop, he underbet turn(aftrer big raise ) can call OTT, but never raise, IF he go AI OTR fold (TPTK rarely good). GL

I'd have lost either 12.2 bb or something like 3.5 bb in case I choose to refrain from raising preflop. You simply shouldn't lose 131.6 bb with this holding. AQ is strong enough to pound a bit on limpers, but be extremely careful when a flop bet is even only called. You should win the small pots and stay away from the big ones. Until you can do this, just limp in for almost free preflop and play extremely small pots tightly.

Note, incidentally, you make your opponents fishy play the perfect strategy. They don't do anything wrong, because they can confidently two-pair-mine (or whatever) with just about any two, knowing they have perfectly adequate odds to call your preflop pounding.

As for hand reading, your preflop raise and your flop bet into two players suggests strongly to CO that you have at least TP. He doesn't try to bluff you out with a raise unless he is retarded.