Yes, held is in the scrabble dictionary

...and is worth 8 points by itself.

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Held Definition

verb

Past tense and past participle of hold1.
from The American Heritage Dictionary of the English Language, 4th Edition

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Top Words by points

Points

held

8

2 letter words with HELD

Points

de

3

ed

3

eh

5

el

2

he

5

3 letter words with HELD

Points

del

4

edh

7

eld

4

led

4

4 letter words with HELD

Points

held

8

Found 10 words in 0.11329 seconds