I may be completely wrong here, so I'll ASK instead offering this as advice. If he knew he had you beat with a set (or maybe top two pair) wouldn't he have made a smaller raise that you would have been willing to call. If he put you on TPTK (or even two pair) and held a set, smooth call down to river and then make a raise that will get called. This raise made it wrong for a call. A pot sized bet somewhere in there might have forced a re-raise that would have told you you were beat earlier in the hand.
Not sure what limit we are talking (or position for that matter).
That said, I think laying it down would be the play here unless you have a read that makes you confident you have the best hand (which you said you didn't).
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