I'm new on the site so forgive me if my format or details are lacking in comparison with experienced users.

Played NL 2/5 (euro) this weekend in a live cash game, and ran into a hand that a friend disagrees with my play about. I believe there were either 5 or 6 players at the table.

I'm in the small blind with Kd Td, a stack of about 3,000 euro, and there are 3 limpers before action is to me. I complete the blind and the BB checks.

Pot is 25 euro. 5 players.
Flop:Ad Js 6d
I lead out with 20 euros.
BB folds
UTG folds
UTG +1, a moderately tight aggressive player, with a stack of about 330-350 euros raises to around 100 euro.
Cutoff, a loose aggressive "feel" player, with a stack of 1200-1400 euros, reraises to 220-240 euros or so, barely above a min-raise.
I fold, showing the button my hand. He gawks and argues with me that it was a bad move.

Turn: Qc (would have completed my straight)

My thinking: super draw to a nut straight and nut flush, but UTG+1 is likely to push (he did), and cutoff is likely reraise or move in forcing me to a high variance decision, anyway. Against a set or two-pair I'm badly behind. Implied odds are not nice enough to make up for the variance in my mind. This seems like a clear cut fold, no?

If I were heads up with the cutoff and was faced with a raise to 100 euro, it's a reasonable call considering implied odds.

What do you think?

I think folding is fine. Putting the two players on reasonable ranges I'd expect you to have around 36% equity in the hand. The first player is pot committed and isn't deep enough. Assuming you call and both players shove, you'd have a really marginal decision, that would depend on their exact stack sizes (for example assuming the averages of the ranges you gave for their stack sizes and the amount they raised, we would get 1070/(1915+1070)=35.8. It's actually a pretty tough spot imo.

Thanks. Well, then the reduction in variance is the determining factor here. Even if positive equity, I can't make 1200 euro 1-2% equity plays.

Wait... You have a gutshot + nut flush draw. Why fold? As obvious as it seems you are getting your money in as hard as you can. With 12 outs you want to flip with someone else or even better 2 opponents. A 3 bet on this flop looks really strong and you could just get them off their top pair hands or get it in and hope to spike one of your nut outs. I don't think you have much of a fold equity at this point.

You have 2 draws to the nuts so 3 way doesn't hurt your equity at all, you want the other guy to call along, so i'm calling all day.