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Yeah, I'd fold here largely because 4th pays the same as 1st and you're in great position to make it to 4th by folding, why risk it?
Plus, you gotta remember that raising and reraising preflop are completely different things. Maniacs will typically raise a ton with crappy cards preflop, but if someone else raises and he comes over the top like that, you gotta think he has a hand. It may not be better than yours, but he has outs, and there's no reason to risk it. Let the small stack gamble first. Until he does, you don't have to make any risky plays.
It'd be completely different if the situation was reversed and he bet in front of you and you had QQ. Then you gotta play it, and at least call if not reraise all in. But the move he made was showing a ton of strength, while this second case is just showing that he has two cards.
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