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I think you should probably fold without strong reason to believe he's bluffing, since that's essentially all you can beat. I would think that he has a 3, since this doesn't really seem consistent with any other hands. A full house should make a smaller raise on the turn, and top pair should have bet on the flop, and wouldn't raise so large on the turn. Given that you have two aces in your hand, it's hard to put him on a hand like A-3 suited, but I''d suspect that's what he has.
Also, if he were willing to bluff, why would he wait for you to bet, instead of simply betting on the flop when you show weakness? It seems likely then that he has some sort of a made hand, and the only way you're ahead is if he's seriously overplaying it.
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